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- 14 Results (1 Thread , 13 Replies )
- ProKnight replied Aug 31, 2012
10 pips a day — If i were you, i wouldn't set an expectation of anything like this, its good to have goals and its good to try to progress towards something, but there are days i don't even make a trade, sometimes even a week or two, if you ...
- ProKnight replied Aug 29, 2012
Making sure people know — Because i believe in making dreams come true, there are so many BS things on this forum, like, oh its impossible to make a living off of Forex etc...I want people to know that the average joe can learn and can make ...
- ProKnight replied Aug 28, 2012
My strategy — Well, My strategy is basically on my charts right in front of you, there are moving averages, Pivots, Fibs, OSMA, ADX, Stochastics etc...and they are all used together to make trading decisions, but there are a lot of fine ...
- ProKnight replied Aug 28, 2012
Trade 4 on demo account — This trade was taken on the 1 hour time frame and the EJ currency pair! It was very profitable, had a 2:1 RRR, +40 pips, and added 2% into my account, risking 1% of my account only, and only took 3 hours
- ProKnight replied Aug 28, 2012
Trade 3 on demo! — This was a counter trend trade! (CT) and was a nice 1:2 RRR, risked 1%, i felt i entered just a tad too early, but my resistance held, and as long as it was holding i would hang onto the trade, and i was rewarded for such ...
- ProKnight replied Aug 28, 2012
Trade 2 took on demo! — This trade was my first loss on this demo account, but no worries i was only risking 1% so a 1% loss? NO SWEAT!
- ProKnight replied Aug 28, 2012
Trade 1 on demo! — This trade, was a good 1:2.5 Risk Reward Ratio! (RRR) so added a good 2.5% into my account, the best part i made a profit in my sleep haha! The Red line will always be my Stop loss, the yellow line my entry, and the green ...
- Consistency IS possible! This is my trading journal!
So, i am starting this thread to show people that you CAN profit from Forex, i have been trading ...
- ProKnight replied Aug 28, 2012
Forex Profits — This is gonna be a very interesting thread to read lol, already read some comments that make me laugh... ***Forex can be VERY powerful if you put the time and effort*** With the system i use i make anywhere from 6-8% a month, ...
- ProKnight replied Aug 27, 2012
Supply and demand — ok i will do the best i can to explain this, been a long day haha, ok so...as you know in the markets there are bulls and there are bears, when the markets gets choppy, you can in a sense see a "battle" going on, the bulls ...
- ProKnight replied Aug 27, 2012
Timer — A traders best friend is a TIMER, believe it or not, this will be the best thing to help improve your trading, let me elaborate, this is how i trade, lets assume i have a nice setup, everything looks good according to my rules etc...i ...
- ProKnight replied Aug 27, 2012
News trading — You know, news trading can be very fun and interesting most of the time, how i trade news is as follows, i will drop down to the 5 minute chart and see what was going on prior to the news event, for example if it was ranging, i ...
- ProKnight replied Aug 27, 2012
Risk reward ratio — The way you guys are looking at RRR i must say, in my opinion is a horrible way, to be quite blunt. I ONLY take trades that are 1:3 or HIGHER sometimes, a 2:1, SOMETIMES if the situation just looks too good to pass, but i ...
- ProKnight replied Aug 27, 2012
Price action ~ stacking odds/be patient — He makes a very good point, a lot of people add far too many emotions into the markets such as "I MUST GET IN OR I WILL MISS THE MOVE" if the move doesn't feel right or, doesn't have all the things you ...
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